Cameroon: Oil rents (% of GDP)
In , Cameroon's Oil rents (% of GDP) was 2.36.
That's up 84.4% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . Cameroon ranks #32 globally out of 190 reporting countries. Within Sub-Saharan Africa, it ranks #9 of 46.
Source: World Bank Open Data (NY.GDP.PETR.RT.ZS) • Data as of 2021
Trend (2002–2021)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
Highlights
- Peak
- 7.12
- Trough
- 1.28
- 1-year change
- +84.4%
- 5-year change
- +51.8%
- +8.7% / yr
- 10-year change
- -55.1%
- -7.7% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 2.3616 | |
| 1.2806 | |
| 2.4227 | |
| 2.7843 | |
| 2.1971 | |
| 1.5555 | |
| 1.8966 | |
| 3.6784 | |
| 4.1960 | |
| 5.2617 |
About Oil rents (% of GDP)
Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.
Indicator code: NY.GDP.PETR.RT.ZS • Category: Economy
Frequently asked questions
- What was Cameroon's Oil rents (% of GDP) in 2021?
- In 2021, Cameroon's Oil rents (% of GDP) was 2.36, according to World Bank Open Data.
- Is Cameroon's Oil rents (% of GDP) rising or falling?
- Cameroon's Oil rents (% of GDP) rose 84.4% from 2020 to 2021.
- How does Cameroon rank globally on Oil rents (% of GDP)?
- In 2021, Cameroon ranked #32 out of 190 countries reporting Oil rents (% of GDP).
- How does Cameroon's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Cameroon is below the world average. Within Sub-Saharan Africa, it ranks #9 of 46.
- What is Oil rents (% of GDP) and how is it measured?
- Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.
Source: World Bank Open Data (NY.GDP.PETR.RT.ZS), CC BY 4.0.